Work in Process Account Data for Two Months; Cott of Pioduction Aeports Hearty Soup Co. uses a process cont system to record the costs of processing soup, which requires the cooking and filing grocesses. Materais are entered from the cooking process at the beginning of the filling process. The inventory of Work in Process-Filing on April 1 and debits to the account doring April were as follows: Ouring Aprii, 1,000 units in process on Apeil 1 were completed, and of the 22,300 units entering the department, all were completed except 2,200 voks thst were 20 wh completed. Charges to Work in Process-Ailing for May were as follows: During May, the units in process it the beginning of the month were completid, and of the 25,600 units entering the department, all were completed except 1,300 ints that were s0w cempicted: completed Required: 1. Enter the balance as of April 1 in a fouricolumn account for Work in Process-Filling. Fecond the debits and credits in the account for April. Construct a cost of production report and present computations for determining (o) equivalent units of production for materials and conversion; (b) cost per equivalont unit; (c) cost of goods finished, differentiating befween units started in the prioc period and unis started and finished in April; and (d) work in process inventory. If an amount box does not require an entry, leave it blank. It an amount box does not require an entry, leave it blank. Round cost per unit answern to the nearest cent. If an amount box does not require an entry, leave it blank. Round cost per unit answers to the nearest cent. 2. Provide the same information for May by reconding the May transactions in the fout-cotumn work in process actount. Censtruct a cost of production repart and present the May computotions (a through e) listed in part (1). If an amount box does not require an entry, leave it blark. 2. Provide the same intormation for May by recording the May transactions in the four-column work in process account, Construct a cost of production report and present the May computations (a through d) listed in part (1). If an amount box does not requlre an entry, leave it blank. If an amount bok does not require an entry, leave it biank. Round cost per unit answers to the nearest cent. If an amount box does nok require an entry, leave it blank. Round cost per unit answers to the nearest cent. Units to be assigned costs: Inventory in proces5, May 1 Started and completed in May Translerted to finlshed goods in May Inventory in process, May 31 Total units to be assigned costs 3. The cost per equivalent unit for direct materials from Merch to May. The cost per equivalent unt for conversion costs from March to Max these changes be investgated for their underlying causes, and any necestary corrective actions should be taken